Palladam Steels Private Limited

Palladam Steels Private Limited - metals and minerals in Palladam, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U24109TZ2022PTC038097 Incorporated 01 February 2022 ROC Coimbatore HQ Palladam, Tamil Nadu, India
Active Private Limited Company metals and minerals MSME · Small
Revenue · FY 2025
₹63.74 Cr
▼ 46% YoY
Net loss · FY 2025
₹4.81 Cr
Net margin -7.6%
EBITDA · FY 2025
₹6.17 Cr
EBITDA margin 9.7%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8 Cr
Issued & subscribed
Open charges
₹103.72 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings

About Palladam Steels Private Limited

Data last updated:

Palladam Steels Private Limited is a private limited company based in Palladam, Tamil Nadu, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 February 2022.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U24109TZ2022PTC038097. Its GSTIN is 33AAMCP6368D1Z9 (Tamil Nadu).

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8 Cr. It is led by directors Padmanaban Poombavai and Kandasamygounder Padmanaban.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 501/1 Thutharipalayam V.Kalipalayam (Po), Palladam, Tamil Nadu, India – 641664.

As per the financials filed for FY 2025, the company reported a revenue of ₹63.74 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹4.81 Cr (net margin -7.6%) and EBITDA of ₹6.17 Cr (EBITDA margin 9.7%).

As per MCA filings, the company has open charges of ₹103.72 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company; 3 cases are pending.

Palladam Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0046410). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U24109TZ2022PTC038097
Registration Number 038097
Incorporation Date 01 February 2022
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-28-0046410

CIN history

Palladam Steels has one previous CIN (Corporate Identification Number): U27200TZ2022PTC038097. The current CIN is U24109TZ2022PTC038097, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24109TZ2022PTC038097Current
U27200TZ2022PTC038097Previous
Key People
Padmanaban Poombavai Director Kandasamygounder Padmanaban Director

Recognitions & Rankings of Palladam Steels

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-28-0046410

Contact details

Palladam Steels Private Limited's registered office is in Palladam, Tamil Nadu.

  • Registered Address
    501/1 Thutharipalayam V.Kalipalayam (Po), Palladam, Tamil Nadu, India – 641664
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
Comprehensive company report
Palladam Steels Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Palladam Steels is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Palladam Steels Private Limited, buy the company report.

Financials of Palladam Steels Private Limited

FY 2025 filings available

Palladam Steels Private Limited reported revenue of ₹63.74 Cr (down 46% YoY) for FY 2025.

Revenue · FY 2025
₹63.74 Cr ▼ 46%
Net loss · FY 2025
₹4.81 Cr margin -7.6%
EBITDA · FY 2025
₹6.17 Cr margin 9.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 46%
EBITDA CAGR growth
1 year
▲ 51%

Revenue fell 46% in the latest year. EBITDA rose 51% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6.17 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.81 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin9.7%
Net Profit Margin-7.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Palladam Steels Private Limited, buy the company report.

Board of directors of Palladam Steels Private Limited

Palladam Steels has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Padmanaban Poombavai
Also directs: K P Textiles Coimbatore Private Limited, Nandhithaa Spinners Coimbatore Private Limited, Sri Venkatesa Processors Limited and 2 more
Director01 Feb 20224 Years 9 MonthsCurrent
Kandasamygounder Padmanaban
Also directs: K P Textiles Coimbatore Private Limited, Nandhithaa Spinners Coimbatore Private Limited, Sri Venkatesa Processors Limited and 3 more
Director01 Feb 20224 Years 9 MonthsCurrent
View all directors

Peer comparison

Palladam Steels Private Limited is compared with the 8 companies closest to it by revenue in the Metals and Minerals industry (Steel, Wind Power), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hiral Ispat Private Limited₹63.97 Cr (FY 2024)4.0%Thane, Maharashtra, India
Akshay Steel Works Pvt. Ltd.₹63.95 Cr (FY 2024)22.0%Kolkata, West Bengal, India
Panchkula Steel Pvt Ltd₹63.89 Cr (FY 2025)0.0%Chandigarh, India
Akhil Ispat Private Limited₹63.79 Cr (FY 2024)-2.0%New Delhi, Delhi, India
Palladam Steels Private Limitedthis company₹63.74 Cr (FY 2025)-₹4.81 Cr-7.6%-46.0%Palladam, Tamil Nadu, India
Asahi Ropes Private Limited₹63.38 Cr (FY 2024)33.0%Delhi, India
Anjani Wires Private Limited₹63.37 Cr (FY 2025)-19.0%Tilda, Chhattisgarh, India
Jai Hind Wire Rod Mills Private Limited₹63.36 Cr (FY 2024)-40.0%Chennai, Tamil Nadu, India
Shivpriya Ispat (India) Private Limited₹63.33 Cr (FY 2024)-6.0%Ahmedabad, Gujarat, India

To see the full peer comparison of Palladam Steels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹103.72 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹58.60 Cr
Others₹27.50 Cr
State Bank of India₹17.62 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Oct 2025101182194Others₹27.5 CrOpen
07 Jun 2023100731947Hdfc Bank Limited₹58.6 CrOpen
25 Nov 2022100654309State Bank of India₹17.62 CrOpen

To see the full charge records of Palladam Steels Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Palladam Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Palladam Steels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAMCP6368D1Z9Tamil NaduActive06 Apr 2022

To see the full GST registrations and return filing status of Palladam Steels Private Limited, buy the company report.

Recent activity

Palladam Steels Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Kandasamygounder Padmanaban was appointed as Director on 01 Feb 2022.

Charges
A charge with Others of Rs. 27.50 Cr registered on 31 Oct 2025 with Charge ID 101182194 was modified on 17 Dec 2025.
Charges
A charge with Others amounted to Rs. 27.50 Cr with Charge ID 101182194 was registered on 31 Oct 2025.
AGM
Palladam Steels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Palladam Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited of Rs. 58.60 Cr registered on 07 Jun 2023 with Charge ID 100731947 was modified on 29 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 58.60 Cr with Charge ID 100731947 was registered on 07 Jun 2023.
Charges
A charge with State Bank Of India amounted to Rs. 17.62 Cr with Charge ID 100654309 was registered on 25 Nov 2022.
Appointed
Kandasamygounder Padmanaban was appointed as Director.
Appointed
Padmanaban Poombavai was appointed as Director.
Incorporation
01 Feb 2022
Palladam Steels Private Limited was registered on 01 Feb 2022 with Roc Coimbatore & aged 4 years 9 months as per MCA records.

Frequently asked questions

Palladam Steels is an active private limited company based in Palladam, Tamil Nadu, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 February 2022 (4+ years old) and is registered under CIN U24109TZ2022PTC038097.

Palladam Steels has 2 current directors:

The latest financial statements of Palladam Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Palladam Steels is 33AAMCP6368D1Z9, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Palladam Steels is U24109TZ2022PTC038097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Palladam Steels has 10 court cases on record: 10 filed by the company. 3 are pending. Most are in the high courts.

Palladam Steels was incorporated on 01 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Palladam Steels by revenue are Hiral Ispat Private Limited, Akshay Steel Works Pvt. Ltd, Panchkula Steel Pvt Ltd, Akhil Ispat Private Limited, Asahi Ropes Private Limited and 3 more, all in the Metals and Minerals industry (Steel, Wind Power), with the same principal business activity (metal and metal products).

Kandasamygounder Padmanaban was appointed as Director on 01 Feb 2022. Padmanaban Poombavai was appointed as Director on 01 Feb 2022.

Yes, Palladam Steels is registered as a small enterprise under Udyam registration (number: UDYAM-TN-28-0046410).

The registered office of Palladam Steels is at 5011 Thutharipalayam V.Kalipalayam Po, Palladam, Tamil Nadu, India – 641664.